The forecast for the output of Coke and Refined Petroleum Products Manufacturing in Mexico shows a gradual increase from 2024 to 2028. In 2024, the output is projected to be 1.089 trillion Mexican Pesos, rising to 1.1517 trillion Mexican Pesos by 2028. This steady growth indicates a year-on-year variation of approximately 1.45% from 2024 to 2025, followed by consistent increments averaging around 1.43% annually over the period. The compound annual growth rate (CAGR) reflects a stable upward trend for the next five years.
Future trends to watch for include:
- Global oil price volatility impacting production costs and export revenues.
- Regulations and policies geared towards environmental sustainability and their effects on the petroleum sector.
- Technological advancements that could improve production efficiency and reduce operational costs.
- Market dynamics such as demand fluctuations, particularly in major economies importing Mexican petroleum products.